Volkswagen (VW) buys the remaining 50.1 percent stake in Porsche for €4.46 billion plus one VW common share, following an agreement reached early July.
VW acquired the first 49.9 percent stake in 2009, when the two companies agreed to merge by the end of 2011. Due to legal obstacles, the merge only became possible months later.
Before 2009, Porsche had been looking to take over Volkswagen for many years. The global financial crisis, however, caused its take-over attempts to fail and subsequently led to a turnaround deal.
The deal is expected to help VW in its efforts to become the world's biggest car-maker.
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